chapter 11 quiz international business
Which of the following strategies is NOT a business-level strategy?
A growth strategy
Which of the following statements does NOT describe a mission statement?
A mission statement identifies and selects an organization's objectives
________ decision making concentrates decision making at a high organizational level at the corporate headquarters.
Centralized
_______ are the lines of authority that run from top management to individual employees and that specify internal reporting relationships.
Chains of command
Which of the following do companies NOT need to know about differences in political and legal systems?
If English is spoken
Which of the following statements does NOT describe a value-chain analysis?
In value-chain analysis, managers want to decrease the value provided to customers.
Which of the following is NOT a question to ask before going global?
Is your company a start-up?
Which of the following key questions do managers NOT ask when designing the organizational structure?
Should the company evaluate its employees?
________ is the set of planned actions taken by managers to help a company meet its objectives.
Strategy
Which of the following is a disadvantage of the global matrix structure?
The global matrix structure is cumbersome.
Which of the following statements does NOT describe a cross-functional team?
They increase the time to get a product from the idea stage to the marketplace.
Why would a firm NOT opt for a global strategy?
To overlook differences in buyer preferences
When do companies use decentralized decision making?
When quick, local responsiveness is needed
Changes in strategy require ________.
adjustments in structure
When designing structure, managers must consider the degree of ________ needed among various groups within the firm.
coordination
For decades, Sony relied on its ________ in miniaturizing electronic components to assure global leadership.
core competency
A(n) ________ is a special talent of a company that competitors find difficult to match.
core competency
Many individual Johnson & Johnson companies try to dominate their segments by producing specialty goods and services. This is an example of a ________.
focus strategy
A ________ strategy is designed to increase the scale or scope of a corporation's operations.
growth
For self-managed teams, experts suggest all of the basic guidelines EXCEPT ________.
ignoring cultural differences in self-managed teams
A(n) ________ structure creates a division with a manager for international activities.
international division
The main disadvantage with a multinational strategy is that ________.
it cannot exploit scale economies
A ________strategy is a strategy of adapting products to suit local tastes.
multinational
Support activities in a value chain include all of the following EXCEPT ________.
the creation of the product
Which of the following statements does NOT describe team structure?
Cross-functional teams put up barriers among departments and cause conflict.
